President Obiang, who attending FAO’s governing Conference here, highlighted Equatorial Guinea’s excellent relations with FAO and noted that investments in agriculture and rural development can help eradicate poverty.

The President also stressed the importance of fishing to Equatorial Guinea and Graziano da Silva told him that FAO is ready to implement a project on Marine Resources Assessment as soon as possible. An agreement was later signed on strengthening the FAO Office in Equatorial Guinea and President Obiang also attended a Conference Side Event on the new Africa Solidarity Trust Fund for food security which became a reality last February with a $30 million first donation from Equatorial Guinea, followed yesterday by the announcement of $10 million from Angola.